17 Cromwell St, Providence, RI, 02907
About This Home
Exceptional investment opportunity! This well-maintained 4-unit multifamily property is a proven, strong income-producing asset with additional upside for investors looking to maximize returns. In addition to the four residential units, the fully finished attic is currently being used as an in-law suite, adding flexibility and value. Each unit features remodeled bathrooms, stainless steel appliances, and updated utilities. This property offers updated living spaces all through out that help attract and retain tenants while minimizing maintenance costs. This property qualifies for FHA Financing. Already generating solid rental income, it also presents an opportunity to further increase cash flow. The unfinished basement offers the ideal space to install a coin-operated laundry facility, creating an additional revenue stream and added convenience for tenants. Whether you're expanding your investment portfolio or seeking a high-performing multifamily property, This property delivers immediate cash flow with clear opportunities for future income growth. Conveniently located in Providence with easy access to major highways, Public Transportation, shopping, restaurants, schools, and other local amenities. Don't miss the chance to own a turnkey, income-producing property!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Type & Style
- Home type: Unknown
Interior
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Property
Lot
- Lot size: 3,920 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,394 | $52,728 |
| Home Insurance * | $644 | $7,728 |
| Property Taxes | $861 | $10,332 |
| Electricity | $389 | $4,675 |
| Total | $6,288 | $75,456 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $869,000 |
| 2023-04-11 | Sold | $450,000 |
| 2023-01-31 | Pending sale | $446,250 |
| 2022-12-02 | Listed for sale | $446,250 |
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